TSX-V: FPC: 0.29

Volume: 140,760

Western Camp

Flavrian

The Flavrian property straddles the western contact between the Flavrian batholith and the surrounding volcanic rocks. The Flavrian batholith is a multiphasic intrusive and the earlier phases are considered as contemporaneous with the surrounding volcanics. It is the hydrothermal engine that leads to the various types of mineralisations found in and around it. The western volcanics consist mainly in a felsic center with associated tuffites in the south and andesite lavas in the center and the north. Several regional and local faults cross cut the formations, the main directions being South West-North East (Quesabe Fault) and South East-North-West (Smoky Creek Fault) with secondary more or less North South trends. Numerous diorite-gabbro dykes and sills are intercalated in the stratigraphy. The faults and the contact with the dykes are the locus of most of the gold mineralisation while some sulfide enrichment is observed in association with the tuffite horizons.

SUBSTANCES CIBLÉES

Gold

Copper-Zinc,

Molybdenum

Economic Geology

The Flavrian project is characterized by a volcano-plutonic environment prone to mineralization in gold, copper and molybdenum from volcanic, magmatic or metamorphic origin. In fact, all these types of mineralization are known in the area.

GOLD-COPPER-MOLYBDENUM STOCKWORKS
The western and south western sectors of the property are characterized by several polymetallic gold-copper-molybdenum veins and stockworks of magmatic-hydrothermal affinity (Giant quartz vein, Sylvie, St-Jude breccia, Buffam, McDonald, Martin, etc.). These mineralisations form a crescent shape at least 1 km thick around the south western flank of the pluton and extend from the St-Jude Breccia to the north to at least the old Halliwell mine south of the pluton.

From 1930 to 2013, numerous exploration surveys were carried out on the property including mapping, geochemical sampling, airborne and ground geophysics as well as about 488 listed diamond drill holes not including the exploration holes and the 80 underground holes at the old Quesabe mine.

In 2014, Falco completed two IP surveys for a total of 65 km and two separate prospecting campaigns.

Property and Project Type

The Flavrian property is a Greenfield exploration project and consists of 218 claims covering an area of 9,780 ha. It is 100% owned by Falco Resources.

Location

The property is located in the Duprat and Beauchastel Township, about 15 km North West of the city of Rouyn-Noranda.